With the development of distributed energy resources, the peer-to-peer (P2P) transactive
energy market has emerged as an effective method for consuming the excess renewable …

The penetration of the lithium-ion battery energy storage system (LIBESS) into the power
system environment occurs at a colossal rate worldwide. This is mainly because it is …

When participating in electricity markets, owners of battery energy storage systems must bid
in such a way that their revenues will at least cover their true cost of operation. Since cycle …

Given its physical characteristics and the range of services that it can provide, energy
storage raises unique modeling challenges. This paper summarizes capabilities that …

Bilevel optimization problems are hierarchical optimization problems where the feasible
region of the so-called upper level problem is restricted by the graph of the solution set …

The need for frequency regulation capacity increases as the fraction of renewable energy
sources grows in the electricity market. An aggregator can provide frequency regulation by …

To reduce the computational burden of capacity expansion models, power system
operations are commonly accounted for in these models using representative time periods …

The large-scale integration of a grid-scale energy storage and the increasing penetration of
renewable resources motivate the development of techniques for determining the optimal …

Energy storage systems (ESS) may provide the required flexibility to cost-effectively
integrate weather-dependent renewable generation, in particular by offering operating …

The techno-economic advantages of grid-connected hybrid energy system (HES) exploit
synergies to improve reliability and economic efficiency while maintaining grid stability …